The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Payden High Income PYHRX
- NAV / 1-Day Return 6.36 / +0.16 %
- Total Assets 728.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.600%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 6.89%
- Effective Duration 3.38 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM GMT+0
Morningstar’s Analysis PYHRX
Will PYHRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
10 Year Treasury Note Future Sept 24 | 4.31 | 31.2 Mil | Government |
Payden Cash Reserves Money Market | 3.92 | 28.4 Mil | Cash and Equivalents |
Usd/Eur Fwd 20240626 00908 | 2.20 | 15.9 Mil | Derivative |
Other- Interest Receivable | 1.20 | 8.7 Mil | Cash and Equivalents |
Us Dollar | 1.11 | 8.0 Mil | Cash and Equivalents |
SS&C Technologies, Inc. 6.5% | 0.83 | 6.0 Mil | Corporate |
Freedom Mortgage Holdings LLC 9.25% | 0.65 | 4.7 Mil | Corporate |
CONNECTICUT AVENUE SECURITIES TRUST 14.68822% | 0.63 | 4.6 Mil | Securitized |
NextEra Energy Operating Partners LP 7.25% | 0.62 | 4.5 Mil | Corporate |
Verde Purchaser LLC 10.5% | 0.61 | 4.4 Mil | Corporate |